The AI Plays That Mostly Work
January 2, 2017
In case you missed “What Artificial Intelligence Can and Can’t Do Right Now,” let me highlight the plays that can lead to a first down some times. According to the estimable publication, smart software is capable. The write up identifies the ways in which artificial intelligence can deliver the pick up truck filled with cash to a savvy business; to wit:
- Index pictures (accuracy? not part of the write up)
- Approve a loan (default rate? not part of the write up)
- Target online ads (sales rate? not part of the write up)
- Speech to text (accuracy? not part of the write up)
- Translate text (accuracy? not part of the write up)
- Alert to machine or system failure (reliability? not part of the write up)
- Collision avoidance (reliability? not part of the write up)
The article states:
Much has been written about AI’s potential to reflect both the best and the worst of humanity. For example, we have seen AI providing conversation and comfort to the lonely; we have also seen AI engaging in racial discrimination. Yet the biggest harm that AI is likely to do to individuals in the short term is job displacement, as the amount of work we can automate with AI is vastly bigger than before. As leaders, it is incumbent on all of us to make sure we are building a world in which every individual has an opportunity to thrive. Understanding what AI can do and how it fits into your strategy is the beginning, not the end, of that process.
Begin that understanding by relying on a Tesla when driving toward white trucks while using Google Translate to covert a contract in Mandarin to Japanese in order to float a loan for a new online advertising play using Bing. The marketing plan can be crafted by a 20 something with a Harvard MBA.
Stephen E Arnold, January 2, 2017
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